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2) Use the following company information to calculaten (a) Equipment with a book value of $175,000 and an original cost of S300,000 was sold at

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2) Use the following company information to calculaten (a) Equipment with a book value of $175,000 and an original cost of S300,000 was sold at a loss of (b) Paid $62,000 cash for a new truck. (c) Sold land costing $32,000 for $36,000 cash, realizing a $4,000 gain. (d) Purchased treasury stock for $61,000 cash. (e) Long-term investments in stock are sold for $41,000 cash, realizing a gain of $3,500

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